VIDEO | Democrats Caucus on Iraq A Report by Geoffrey Millard and Scott Galindez

During a Democratic Party caucus on Iraq, House Speaker-elect Nancy Pelosi, Majority Leader-elect Steny Hoyer, and Caucus Chair Rahm Emanuel briefly addressed reporters, announcing that the days of rubber-stamp budget authorization for Iraq are over. Pelosi said that "Truman-like" investigations of fraud and mismanagement of funds would take place. Following the press conference, we caught up to Representatives Lynn Woolsey (D-Calif.) and Jim McGovern (D-Mass.), who gave us their take on what needs to be done.

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